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kondaur [170]
3 years ago
12

Sweet Sue Foods has bonds outstanding with a coupon rate of 5.47 percent paid semiannually and sell for $1,923.74. The bonds hav

e a par value of $2,000 and 17 years to maturity. What is the current yield for these bonds
Business
1 answer:
REY [17]3 years ago
8 0

Answer:

Current Yield= 5.68%

Explanation:

Current Yield = Coupon Paid/Price

                      = (2000*0.0547)/1923.74

                       = 5.68%

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On January 2, 2014, Sunland Corporation issued 31100 shares of 5% cumulative preferred stock at $100 par value. On December 31,
Irina18 [472]

Answer:

$622,000

Explanation:

Annual dividend = 31,100 × 5% × $100 = $155,500

Since it a cumulative preferred stock, it implies that dividend for each of the previous years when dividend were not paid by Sunland Corporation will be accumulated and paid together with the current one.

Since January 2, 2014 to December 31, 2017 is 4 years, that means dividend will be paid to cumulative preferred stock holders for 4 years as follows:

Preferred stockholders dividend for 4 years = $155,500 × 4 = $622,000

Therefore, preferred stockholders are entitled to receive $622,000 in the current year before any distribution is made to common stockholders.

5 0
4 years ago
The _____ requires that executive agencies and subcontractors and contractors of the federal government receiving more than $2,5
mariarad [96]

The Vocational Rehabilitation Act of 1973 requires that executive agencies and subcontractors and contractors of the federal government receiving more than $2,500 a year from the government engage in affirmative action for disabled individuals.

<h3><u>Explanation:</u></h3>

The law that grants the states for the independent living, vocational rehabilitation services,  client assistance and supported employment is The Rehabilitation Act of 1973. There are lot of programs that receives  federal financial assistance and are held by many federal agencies. The main aim of this act is to eliminate the discrimination that prevails based on disability.

The Rehabilitation Act has Section 501 which mainly focus on the prohibition of discrimination that exists in employees and  job applicants mainly on the basis of disability. This also makes the agencies to be engaged in affirmative action for individuals who has disabilities. They are providing them $2,500 a year for engaging with these activities.

8 0
3 years ago
Do you think the licensing process for international medical graduates is an unnecessary hurdle meant to shield U.S. doctors fro
Irina18 [472]

Answer:

No licensing is right. Doctors in U.S. are spending more on medical studies than any other country. It is necessary for other country medical students to gain license in order to do practice in the country.

Explanation:

In U.S. doctors are in deficiency so the country cannot completely cease employment for foreign doctors. The country needs to welcome foreign doctors but it is also necessary to safeguard home doctors. If U.S. will not safeguard rights of home country doctors then they will be demotivated and will not be patriotic for the country.

3 0
3 years ago
Knowledge Check 01 Feline Watch Company makes wrist watches out of silver metal sheets. Feline sold 200 watches in the month of
anastassius [24]

Answer:

the number of watches to be produced in July is 500

Explanation:

The calculation of the number of watches to be produced in July is given below;

Units Expected to be sale 400  

Add: Desired ending inventory 300 (50% of 600)

Total available 700  

Less: Beginning Inventory -200  

Units to be produced 500

Hence, the number of watches to be produced in July is 500

6 0
3 years ago
Which action would a government most likely take to reduce its<br> unemployment rate?
ss7ja [257]
A because if you increase taxes people won’t want t to work
6 0
3 years ago
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